1639 N 60th StPhiladelphiaPA19151
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Philadelphia at 1639 N 60th St, Philadelphia, PA, 19151 offers a 11.87% rental yield on a $189,000 purchase with $1,870/mo rent. Total monthly income registers $1,870/mo, and a $925/mo payment leaves $632/mo available for distribution. Annual cash flow reaches $7,579/yr on $62,654 to close, and return on cash invested stands at 32.01% in year one. Equity gained on principal adds $1,220/yr while 5% annual appreciation supports $52,217 over five years. Portfolio math shows five-year ROI at 168.2% and total cumulative return in cash at $105,382. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,870/mo property income against a $925/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1940
1,453 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19151, Philadelphia, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,244 (100%) |
| Owner Occupied HU | 7,730 (58.4%) |
| Renter Occupied HU | 4,305 (32.5%) |
| Vacant Housing Units | 1,209 ( 9.1%) |
| Median Home Value | $224,170 |
| Average Home Value | $267,717 |
Housing Distribution
Address Breakdown
Residential
12,804
Single Family
11,391
Multi-Family
1,413
Businesses
677
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Listed by: Abbey Bridgeford • Genuine Property Solutions Real Estate
Mls Name: Bright MLS
Mls ID: #PAPH2517174